NIFTY is a market index by the NSE. The word Nifty derived from National Stock Exchange and Fifty. NSE coined the concept of NSE on 21st April 1996. While a benchmark-based index called NIFTY 50 contains the top 50 stocks that investors can trade in the stock exchange out of a total of 1600 stocks. NIFTY 50 is the flagship of NSE.
NIFTY and SENSEX (a product of the Bombay Stock Exchange) are the two national indices. The India Index Services and Products (IISL) manages NIFTY, which is fully owned by the National Stock Exchange Strategic Investment Corporation Limited. The trends and patterns of the most liquid and largest Indian securities called blue-chip companies are followed by NIFTY 50. NIFTY 50, NIFTY IT, NIFTY Bank, and NIFTY Next 50 come under NIFTY. NIFTY belongs to the Futures and Options (F&O) segment of NSE where investors can trade in derivatives.
All these 50 stocks come from 12 sectors of the Indian economy. Information technology, financial services, consumer goods, entertainment and media, financial services, metals, pharmaceuticals, telecommunications, cement and its products, automobiles, pesticides and fertilizers, energy, and other services are 12 sectors.
Let’s know more about indices in Nifty.
Broad Market Indices:
Broad-market indices contain large liquid stocks that are listed on the Exchange. They act as a benchmark to measure the performance of the stocks or portfolios, including mutual fund investments.
- NIFTY 50
- NIFTY NEXT 50
- NIFTY 100
- NIFTY 200
- NIFTY 500
- NIFTY MIDCAP 50
- NIFTY MIDCAP 100
- NIFTY SMLCAP 100
- INDIA VIX
- NIFTY MIDCAP 150
- NIFTY SMLCAP 50
- NIFTY SMLCAP 250
- NIFTY MIDSML 400
Sectoral Indices:
Summaries and benchmarking data can be obtained for certain sectors or industries through sectoral indices. You can track any stock against specific sectors.
- NIFTY BANK
- NIFTY AUTO
- NIFTY FIN SERVICE
- NIFTY FMCG
- NIFTY IT
- NIFTY MEDIA
- NIFTY METAL
- NIFTY PHARMA
- NIFTY PSU BANK
- NIFTY PVT BANK
- NIFTY REALTY
Strategy Indices
The performance of an algorithmic trading strategy is trackable through Strategy indices. All the necessary actions are clearly and transparently specified through the algorithm.
- NIFTY DIV OPPS 50
- NIFTY GROWSECT 15
- NIFTY100 QUALTY30
- NIFTY50 VALUE 20
- NIFTY50 TR 2X LEV
- NIFTY50 PR 2X LEV
- NIFTY50 TR 1X INV
- NIFTY50 PR 1X INV
- NIFTY50 DIV POINT
- NIFTY ALPHA 50
- NIFTY50 EQL WGT
- NIFTY100 EQL WGT
- NIFTY100 LOWVOL30
- NIFTY200 QUALTY30
Thematic Indices:
A themed group of US-listed equities comes under the Thematic index. Themes are dependent on the sectors or performance of the equities as per certain metrics. Traders can speculate broad market-wide trends without trading in multiple equity positions.
- NIFTY COMMODITIES
- NIFTY CONSUMPTION
- NIFTY CPSE
- NIFTY ENERGY
- NIFTY INFRA
- NIFTY100 LIQ 15
- NIFTY MID LIQ 15
- NIFTY MNC
- NIFTY PSE
- NIFTY SERV SECTOR
Fixed Income Indices:
Fixed Income indices provide independent and comprehensive benchmarks for the fixed income market in India. Government securities, T-bills, corporate bonds of different credit rating categories, commercial papers, certificates of deposits, and overnight rates come under fixed income indices.
- NIFTY GS 8 13YR
- NIFTY GS 10YR
- NIFTY GS 10YR CLN
- NIFTY GS 4 8YR
- NIFTY GS 11 15YR
- NIFTY GS 15YRPLUS
- NIFTY GS COMPSITE
